Special Reporting Frameworks, Interim Work, and Summary Reporting

This chapter covers reporting topics that do not fit the standard audit opinion pattern but still appear frequently in AUD. These topics matter because the report may change when the framework changes, when the period is interim, or when only summarized information is presented.

In This Chapter

• Reporting on Special-Purpose Frameworks explains reporting outside standard GAAP.
• Performing and Reporting Interim Reviews of Public Companies covers review-level work in a public-company context.
• Addressing Consistency, Accounting Changes, and Error Corrections addresses when consistency issues affect reporting.
• Reporting on Summarized Financial Statements explains reporting when condensed financial information is presented.

How to Use This Chapter

• Read this chapter after the main reporting chapters to widen your reporting toolkit.
• Focus on what makes these reporting situations different from a standard year-end audit opinion.
• Revisit it whenever an AUD miss involves framework differences, interim work, or summary reporting.

In this section

• Reporting on Special-Purpose Frameworks
  How auditors report on cash-basis, tax-basis, regulatory-basis, and other special-purpose frameworks.
• Performing and Reporting Interim Reviews of Public Companies
  How auditors perform and report interim reviews of public companies under the relevant standards.
• Addressing Consistency, Accounting Changes, and Error Corrections
  How consistency issues, accounting changes, and error corrections affect reporting.
• Reporting on Summarized Financial Statements
  How auditors report on condensed or summarized financial statements.